Home-Warranty Policies

Offering to buy a one-year home-warranty policy for a prospective buyer is a good idea. A typical home-warranty policy provides for the repair or replacement of most appliances, the electrical and heating systems, the water heater, and a handful of other items that might break down or wear out within a year after the new buyer moves in. These policies give buyers an extra measure of confidence to make an offer and close a sale. $500 or so for all the coverage that a home-warranty policy provides would be a wise investment because it could help the property sell faster, but also because it would provide both you and the buyers another layer of protection.